📈 Explosive Setup on Nasdaq: Prepare for Skyrocketing Gains🐂🚀
Exciting news for stock market enthusiasts! A compelling bullish setup has emerged on Nasdaq's chart, signaling a potential trend continuation. The price action has formed a robust support zone around the 14800 area, with multiple bounces indicating a significant accumulation of bullish orders. It's clear that the bulls are standing strong, ready to defend this critical level.
Adding to the positive outlook, the RSI has crossed above 50, accompanied by its moving average, serving as a powerful confirmation of the upward momentum. Furthermore, the 89 EMA has proven to be a reliable dynamic support, further bolstering the bullish sentiment.
With this confluence of support levels, we have an exciting opportunity on our hands to follow the trend. Buckle up as we target multiple take profits along the way: 15090, 15245, and a grand finale at 15500.
Don't forget to press the like button if you think this insight was helpful 🚀💪
Adding to the positive outlook, the RSI has crossed above 50, accompanied by its moving average, serving as a powerful confirmation of the upward momentum. Furthermore, the 89 EMA has proven to be a reliable dynamic support, further bolstering the bullish sentiment.
With this confluence of support levels, we have an exciting opportunity on our hands to follow the trend. Buckle up as we target multiple take profits along the way: 15090, 15245, and a grand finale at 15500.
Don't forget to press the like button if you think this insight was helpful 🚀💪
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